_____ 12 Once Established at Entry, a Partner's Basis Account Does

question 29

True/False

_____ 12. Once established at entry, a partner's basis account does not change.

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Definitions:

Unreasonable Risk

A level of danger that exceeds what is considered acceptable or appropriate under given circumstances.

Negligent

Failing to take proper care in doing something, leading to damage or harm to others.

Offensive Bodily Contact

Unwanted physical interaction or touching that is considered harmful or offensive.

Apprehension

Anxiety or fear that something bad or unpleasant will happen, or the arrest of a person suspected of committing a crime.